Rev. 12/2010
FACTS
WHAT DOES WEST TEXAS EDUCATORS CREDIT UNION DO WITH YOUR
PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives consumers
the right to limit some but not all sharing. Federal law also requires us to tell you how we collect,
share, and protect your personal information. Please read this notice carefully to understand what we
do.
What?
The types of personal information we collect and share depend on the product or service you have
with us. This information can include:
l Social Security number
l Payment history
l Income
l Transaction history
l Account balances
l Account transactions
When you are no longer a member, we continue to share your information as described in this notice.
How?
All financial companies need to share members' personal information to run their everyday business.
In the section below, we list the reasons financial companies can share their members' personal
information; the reasons West Texas Educators Credit Union chooses to share; and whether you can
limit this sharing.
Reasons we can share your personal information
Does West Texas
Educators Credit Union
share?
Can you limit this sharing?
For our everyday business purposes such as to process your transactions, maintain your
account(s), respond to court orders and legal
investigations, or report to credit bureaus
Yes
No
For our marketing purposes to offer our products and services to you
Yes
No
For joint marketing with other financial companies
Yes
No
For our affiliates' everyday business purposes information about your transactions and experiences
No
We don't share
For our affiliates' everyday business purposes information about your creditworthiness
No
We don't share
For nonaffiliates to market to you
No
We don't share
Questions?
Call 432-362-1414 or go to www.westtexed.com
Privacy Model Disclosure
VMP® Bankers Systems™
Wolters Kluwer Financial Services © 2010
PRIV-MODEL 8/1/2010
2010.3/2798 2648865-010 Custom EPRV2798
Page 1 of 2
Page 2
What We Do
How does West Texas Educators To protect your personal information from unauthorized access and use, we use
Credit Union protect my
security measures that comply with federal law. These measures include computer
personal information?
safeguards and secured files and buildings.
We also maintain other physical, electronic and procedural safeguards to protect
this information and we limit access to information to those employees for whom
access is appropriate.
How does West Texas Educators We collect your personal information, for example, when you
Credit Union collect my
l Open an account
l Show your government-issued ID
personal information?
l Apply for a loan
l Show your driver's license
l Give us your contact information
We also collect your personal information from others, such as credit bureaus,
affiliates, or other companies.
Why can't I limit all sharing?
Federal law gives you the right to limit only
l sharing for affiliates' everyday business purposes - information about your
creditworthiness
l affiliates from using your information to market to you
l sharing for nonaffiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and
non-financial companies.
l West Texas Educators Credit Union has no affiliates.
Nonaffiliates
Companies not related by common ownership or control. They can be financial and
non-financial companies.
l West Texas Educators Credit Union does not share with nonaffiliates so they
can market to you.
Joint Marketing
A formal agreement between nonaffiliated financial companies that together market
financial products or services to you.
l Our joint marketing partners include CUNA Mutual Insurance Group, Affinion
Group, SER Technology Corporation
Privacy Model Disclosure
VMP® Bankers Systems™
Wolters Kluwer Financial Services © 2010
PRIV-MODEL 8/1/2010
2010.3/2798 2648865-010 Custom EPRV2798
Page 2 of 2